Eurogroup

There are signs of positive developments in the negotiations between Greece and creditors' representatives that started again yesterday in Paris. The Greek government's aim to achieve a primary surplus of 1.2% in 2015 seems to be accepted by creditors. Furthermore,...

Despite the recent flood of negative statements and reports about Greece's negotiations with creditors, the Greek government is optimistic that an agreement will be reached by the end of April. Negotiations with creditors' representatives  -- the Brussels Group -- have...

While most economic reports in Europe speak of a Grexit and the minor impact it will have in the Eurozone, German Chancellor Angela Merkel appears to be determined to keep Greece in the common currency bloc. So far, Greece's creditors have...

European Commission spokeswoman Mina Andreeva confirmed on Friday that the Brussels Group meetings will resume on Saturday afternoon, April 18, in Brussels. As she said, discussions will continue ahead of the April 24 Eurogroup, during which the Eurozone Finance Ministers will...

The Brussels Group is expected to resume its meetings on Saturday. Council of Economic Advisors (SOE) President Giorgos Chouliarakis, Finance Ministry general secretary Nikos Theocharakis and Greek Finance Minister Yanis Varoufakis' advisor Elena Panariti will participate from the Greek side. International Monetary...

Greek officials have asked the International Monetary Fund (IMF) if they can postpone loan repayments but the request was denied, according to a Financial Times report. Athens is scheduled to repay IMF a total of almost 1 billion euros in...

Another Greek debt restructuring is not currently up for discussion, German Finance Minister Wolfgang Schaeuble said in an interview to Bloomberg TV. While some kind of restructuring might be on the agenda in 10 years, “today the issue for Greece is...

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors. Moreover, the Eurogroup hardliners leader highlighted that no one expects a resolution of the standoff...

Slovak Finance Minister Peter Kazimir appeared skeptical on the possibility of Greece and its European partners reaching an agreement in the upcoming Eurogroup meeting. As he said, Greece is currently moving ever closer to the abyss and there are not...

The Greek government is under severe pressure from creditors and rushes to complete the implementation of the first package of measures hoping it will see partial funds released after the April 24 Eurogroup. On the other side of the fence, creditors...